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Russia Private Credit (% GDP)

Russia's private credit (% GDP) fell to 54.64% in 2021, down from 59.58% in 2020, according to World Bank. This represents a decrease of 4.94% from the previous year. Russia has private credit (% GDP) higher than the global median (54.64% vs median 39.47%). Compared with the median in Europe, Russia is lower (54.64% vs regional median 54.79%) and ranks 22nd out of 41 countries in Europe.

Yearly Historical Data (2001-2021)

(in %)
Year Private Credit (% GDP)
2021 54.64%
2020 59.58%
2019 52.56%
2018 51.24%
2017 52.08%
2016 53.1%
2015 55.95%
2014 54.83%
2013 48.02%
2012 43.91%
2011 41.7%
2010 42.84%
2009 45.26%
2008 41.55%
2007 37.78%
2006 30.94%
2005 25.92%
2004 24.32%
2003 21.24%
2002 17.97%
2001 16.84%
Russia Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Russia.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 2.9% 2.5% Dec'24
Debt to GDP Ratio 16.4% 16.7% Dec'24
Interest Rate 16.5% 17% Oct'25